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Friday, 26 August 2016

Stock Market News: Nifty Opens Above 8600, Sensex Firm



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The 50-share NSE bang-up started off September series on a positive note, holding the 8600 level on support from banks and Tata cluster stocks. The index was up 22.15 points at 8614.35 and also the 30-share mad cow disease Sensex gained 65.57 points at 27901.48. 
Tata Motors was the most important gainer, up 1.5 % prior quarterly earnings later these days. The rupee opened marginally higher at 67.02 per greenback on weekday versus previous shut of 67.05. Ashutosh Khajuria of Federal Bank, "We see no major trigger for the currency movement. 
The Fed has maintained the establishment in yesterday's speech. we have a tendency to expect the rupee to stay rangebound." greenback slipped marginally as some investors square positions before the annual world central bankers' gathering in Jackson Hole, wyoming, wherever Federal Reserve Chair Janet Yellen might supply new steerage on United States financial policy.

Thursday, 25 August 2016

Equity Updates: Sensex, Nifty Open Firm



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The market has opened in inexperienced on August Futures and choices expiration day. The Sensex is up 74.49 points or 0.3 percebt at 28134.43 and also the good is up 25.45 points or 0.3 % at 8675.75. regarding 562 shares have advanced, a hundred sixty five shares declined, and twenty six shares square measure unchanged. 
Cipla, Bajaj Auto, Axis Bank, Maruti and TCS square measure prime gainers whereas Wipro, Infosys, BHEL, NTPC and HDFC square measure losers within the Sensex. The rupee opened marginally higher at 67.09 per greenback versus previous shut of 67.11. Mohan Shenoi of Kotak Mahindra Bank aforementioned, 
"Global currency markets square measure cautious and rangebound prior Yellen's Jackson Hole speech because it may offer clues on United States of America Fed rate hike." greenback control steady light-emitting diode by uncertainty prior a gathering of central bankers at Jackson Hole on weekday.

Wednesday, 24 August 2016

Stock Market: Sensex Opens Firm, Nifty Around 8650



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The market has opened firm before August Futures and choices ending tomorrow as world cues area unit auxiliary. The Sensex is up 103.55 points or 0.4 p.c at 28093.76 and therefore the bully is up 15.90 points or 0.2 p.c at 8648.50. regarding 309 shares have advanced, ninety six shares declined, and twenty eight shares area unit unchanged. Maruti, Infosys, ONGC, NTPC and Adani Ports area unit prime gainers whereas woody plant, TCS, Coal India, Hero MotoCorp and Tata Steel area unit losers within the Sensex. The Indian monetary unit opened lower by eight paise at 67.14 per dollar versus 67.06 Tuesday. 
NS Venkatesh of Lakshmi Vilas Bank same, "The focus for the dollar commercialism remains on Yellen's speech on Friday at Jackson Hole, wherever it's expected that Fed would possibly signal rates to remain well lower over a extended amount." The dollar index hold steady as investors value the outlook for North American nation financial alteration.

Tuesday, 23 August 2016

Share Market Update: Sensex, Nifty Under Pressure



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The market was marginally lower in early trade with the Sensex troubled below 28000 level amid consolidation. Investors waited for speech by the Federal Reserve System Chief Janet Yellen at Jackson Hole. 
The Sensex was down 32.64 points at 27952.90 and therefore the smashing declined 16.20 points at 8612.95. NTPC and HPCL fell 1-2 p.c once half-moon earnings declared yesterday evening. HDFC, Reliance Industries, L&T, ligneous plant and Sun drug company were stressed whereas Infosys, Asian Paints, Adani Ports, TCS and Wipro gained. The rupee has opened higher by seven paise at 67.12 per dollar against previous shut of 67.19 a dollar. 
Ashutosh Raina of HDFC Bank says the market attention is totally targeted on Fed Chief Janet Yellen's Jackson Hole speech this weekend, once some hawkish comments from Fed speakers have redoubled the chance of Fed hiking interest rates prior to anticipated.

Monday, 22 August 2016

Equity Updates: Sensex, Nifty Open Flat



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Equity benchmarks started off the week on a flat note as investors digestible the news of appointment of latest run batted in governor Urjit Patel. The 30-share mad cow disease Sensex was down 12.55 points at 28064.45 and therefore the 50-share NSE groovy fell four.50 points to 8662.40. 
The Indian monetary unit opened lower by thirteen paise at 67.19 per dollar these days against Friday's closing price of 67.06 a dollar. Pramit Brahmbhatt of truthfulness aforesaid, "Rupee is probably going to depreciate these days as we've got seen corroboratory shopping for within the USD. However, the rally in USD may well be restricted to sixty seven.30/dollar." "We expect the USD-INR try to change the vary of sixty six.80-67.30/dollar," he said. 
The dollar gained against major peers, as hawkish comments from a central bank official extra to prospects that U.S.A. interest rates can increase this year.

Friday, 19 August 2016

Stock Market News: Sensex, Nifty Open In Green



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The Indian Stock Market has opened in inexperienced. The Sensex is up 64.37 points or 0.2 per at a pair of8187.81 and therefore the keen is up 11.45 points or 0.1 % at 8684.70. regarding 530 shares have advanced, 179 shares declined, and thirty two shares area unit unchanged. SBI, Infosys, ONGC, Axis Bank and Wipro area unit high gainers whereas woody plant, Adani Ports, Asian Paints, ITC and HDFC Bank area unit losers within the Sensex. 
The board of country's largest loaner, banking concern of Asian nation, has approved the merger of its associate banks, beside Bhartiya Mahila Bank, with itself. The merger can boost the strength of SBI -- that, at assets of regarding Rs twenty three 100000 large integer, is roughly fourth part of the Indian banking industry -- with a further capital base of regarding Rs four 100000 large integer. 
The rupee slipped within the early trade. it's opened lower by fourteen paise at 66.95 per dollar versus 66.81 weekday.
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